UPM-Kymmene Corporation Corporate action 17 September 2012 at 9.00 Helsinki
UPM-Kymmene Corporation applies for listing of stock option rights 2007C of UPM-Kymmene Corporation Stock Options 2007 programme on NASDAQ OMX Helsinki stock exchange to commence on 1 October 2012.
A total of 5,000,000 stock options 2007C were issued. There are currently 516 key employees holding a total of 4,500,500 stock options 2007C. UPM currently holds 499,500 stock options 2007C, which will not be used for share subscription.
Each stock option 2007C entitles its holder to subscribe for one share of UPM-Kymmene Corporation at a subscription price of EUR 10.49. The share subscription period is from 1 October 2012 to 31 October 2014.
Shares will establish shareholders rights as of the date of share registration.
As a result of the exercise of the outstanding stock options 2007C, the number of the UPM-Kymmene Corporation shares may increase by a maximum of 4,500,500 new shares.
Evli Bank Plc acts as a subscription place for share subscriptions with UPM 2007 stock options.
The terms and conditions of UPM Stock Options 2007 and further information are available on the company's website www.upm.com > Investors > Share > Option programs.
For further information, please contact:
Mika Mikkola, Vice President, Investor Relations, tel. +358 2041 50376.
Executive Vice President, Corporate Communications
UPM Media Desk, tel. +358 40 588 3284